5117 Woodman Ave | Sherman Oaks, CA 91423
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5117 Woodman Ave
Sherman Oaks, CA 91423
All 3 BR Units | Assumable Loan at 3.97% Rate · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Outstanding Unit Mix -- All Three Bedroom Apartments
- Extensively Upgraded Asset -- Nearly Full Copper Plumbing, All Vinyl Windows, Several New Electric Subpanels, New Exterior Paint and Lighting
- Assumable Loan at a 3.97% Fixed Interest Rate
- Excellent Opportunity to Reposition Asset and Recapture Approximately 47% Rent Upside
- Desirable Sherman Oaks Location -- Blocks from Westfield Fashion Square, Trader Joe’s, Notre Dame High School
- Half of Units Feature Remodeled Interiors, Including Recessed Lighting, Quartz Countertops, Stainless Steel Appliances, Wood Flooring, Ceiling Fans
PROPERTY FACTS
| No. Units | 10 | Building Size | 9,811 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 2.24/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | RD1.5, Los Angeles | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 9,811 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 2.24/1,000 SF |
| Zoning | RD1.5, Los Angeles |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 10 | $1,925 | 980 |
PROPERTY TAXES
| Parcel Number | 2269-001-018 | Improvements Assessment | $1,173,550 |
| Land Assessment | $632,894 | Total Assessment | $1,806,444 |
PROPERTY TAXES
Parcel Number
2269-001-018
Land Assessment
$632,894
Improvements Assessment
$1,173,550
Total Assessment
$1,806,444
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